Andy_C 50 Posted March 15, 2016 Great post, thanks but as you're referring the last part to my previous comment then that's not what I said. I was eluding to having an exceptionally high value car compared to what could normally be argued as market value, not a return of money invested. This may well be the case with your Riley - £25k could be head and shoulders above what has gone before. Anyway, post a pic up in the Other Vehicles thread - be good to see it! And in Paul's case he has, in my humble opinion, as near to a brand new 205 as possible. Everything to OEM specification and the best one I've seen. To argue that he could replace it for less is inaccurate to put it mildly as even the top money cars advertised by dealers etc. are nowhere near the same. Share this post Link to post Share on other sites
lagonda 42 Posted March 17, 2016 Andy C, No, I don't think underwriting has moved on particularly. As you say, these insurers...or more importantly, their claims department, have respected the principle of indemnity, ie ensuring the policyholder is in the (at least financial) position he was in immediately before the loss. You don't get anything particularly special with agreed value, just simply a guarantee that the stated value is what you will get if the worst happens. Market value is open to interpretation; you don't have that guarantee....but you could get more for your total loss than you expected! Barneys66 Will see if I can figure out how to get a piccie of the Riley up.....it's not my favourite car at the moment. Having last driven it in 1975, I get 2400 miles in on it last year...and a big end failed. Major job, and no facilities here for me to do the work....pretty hacked off! 1 Share this post Link to post Share on other sites
